Stocks to Watch: Tata Motors, IndiGo, Data Patterns Among Top Focused Shares on Monday

Indian Stock Market Outlook

The Indian stock market is expected to open higher on Monday, March 16, 2026, but may remain volatile amid mixed global cues. Investors are tracking the latest developments in the US-Iran conflict, which has entered its third week and triggered turmoil in global oil markets.

Market Performance

Asian markets traded on a mixed note, while the US stock market ended last week lower amid concerns over potential disruptions to global oil supplies. The Indian equity market extended its sharp decline on Friday, with the Sensex plunging 1,470.50 points, or 1.93%, to settle at 74,563.92, and the Nifty 50 dropping 488.05 points, or 2.06%, to close at 23,151.10.

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Stocks to Watch

Several stocks are likely to remain in focus on Monday, including:

• Tata Motors: Radhakishan Damani has sold 16 lakh shares worth ₹52 crore in the company's Passenger Vehicles (TMPV) through a block deal.
• IndiGo: The airline will impose a fuel surcharge starting March 14, 2026, citing a more than 85% jump in jet fuel prices due to geopolitical tensions in West Asia.
• Jindal Stainless: The company has been affected by the West Asia war, citing fuel shortages and delays in shipping as key disruptions.
• Adani Total Gas: The company has reduced the price of excess natural gas supplied to certain industrial customers to ₹82.95 per standard cubic meter (SCM), down from ₹119.90 per SCM, effective from March 16.
• GMR Airports: The company has secured a contract from Delhi International Airport Ltd to upgrade, modernise, and operate Cargo Terminal-1 at Indira Gandhi International Airport in New Delhi.
• Data Patterns: The company has secured a ₹288 crore order from the India Meteorological Department (IMD) for supplying 32 units of Doppler Weather Radars.
• Adani Power: The company has secured a Letter of Award (LoA) from the Maharashtra State Electricity Distribution Company Limited for supplying 1,600 MW of thermal power under a long-term Power Supply Agreement.
• Dilip Buildcon: The company has emerged as the lowest (L1) bidder for a road construction project valued at ₹160.20 crore, excluding GST.
• Hindalco Industries: The company has clarified that it has not suspended the operations of its aluminium extrusions business due to the Iran conflict.
• Voltas: The company has undergone a GST inspection at its Chinchpokli office on March 12 under the Maharashtra GST Act, 2017.